As planned, we’ve added two brand new titles to the Governance Risk and Compliance library on ComplianceServe - The Home Buying Process and Arrears & Possessions.
The Home Buying Process addresses the nine areas of knowledge and competence set out in the EU Mortgage Credit Directive for those involved in mortgage product design and underwriting.
Taken in conjunction with the existing Mortgage and Home Finance titles, this new course provides the content to enable firms to meet the March 21st 2017 deadline for the transitional arrangements for the EU MCD knowledge and competency requirements.
Arrears and Possessions is aimed at staff working for authorised firms operating in the mortgage sector. It provides learners with an overview of the FCA’s Mortgage Conduct of Business (MCOB) sourcebook rules in relation to arrears handling, avoiding litigation, and in the event of a serious default, litigation and the right to possession.
Both of these new courses can be found within the Mortgage & Home Finance catalogue in the Governance, Risk and Compliance Library on ComplianceServe.